Guys This one is so Nasty , that no one can understand easy where the hack this scrip is moving , unless you have professional software and you use customized time frame and understand the direction and filter out noise this one is an example , we made exit thinking it will further range up and then crack near 650 form our Longs , then we found out this one is still crating a big noise , and when we checked what exactly the pattern it is forming and why we couldn't get to catch it is because of lots of trading on daily candle has very mess information Now currently i have made 3 Days candle which is clearly visible that its just pushing up side only to tag 700 and then turn , but the move is very slow and lots of retail is buying , that means weak hands are buying strong hands are selling , Just take care your trades and try to be in next possible direction rather being in this congestion Good luck
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Look for sharp crack in this scrip in case failed to move ahead in this week , that will be Major crack for this scrip ,
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One can Look for short sell , this one is Going down for long time
so this is how you msg a personal reply "If you are born to single father show me your self or Keep this show off message in your ass". admin please note the language.. this guy is using abusive language
I-Fund-Trader
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@mklives, what you are writing ? and why you are writing ? whose message you are trying to write here ? , take care
@MoneyRain, , i am stunned , this is not a civilized person talking.... what u said to a fellow trader is disgusting to say the least... you should really learn to talk like a human, before anything, else, let alone the big talk you do....
and this is exactly what a trumpet does, big talk with nothing inside...
1.2 million usd salary annually, and this comes out of your mouth, hilarious...
I-Fund-Trader
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@Sandipan.mch, if you open the eyes , you will come to know the Edited , You dont need to get stunned,
capsule91
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bumped into your idea, while scrolling through other cipla ideas..
was a bit surprised it was more of a trading view paid account promotion than a cipla idea...
anyways, i am sure, you are enjoying the premium features of this site, which no doubt would be helpful ...
coming to the cipla chart, i think you are totally missing the bigger picture....
this is how i am looking at it...
while i agree with you, the trend seems to be having a lot of difficulty crossing the prior highs, and it couldnt have been at a worse time when the raw material availability and pricing due to china slowdown is at the worse, and the bullish dollar is affecting the sentiments of the overall market[although i believe this is a routine correction , and the dollar has almost peaked out, with further 2 fed rate hikes being factored in the dollar]... nonetheless, the headline nubers of all the pharma exporters would take a good uptick with such a high dollar , also associated value growth ...
there might be some minor retests of supply needed in lower levels, in coming couple of weeks....
but over all this is a very positive structure and price action, by itself, and also relatively to the whole pharma index, and has a potential to generate 60% return in remaining portion of the fiscal from the cmp...
with myopic eyes, no matter how costly and trendy the eyeglass is, the right vision is impossible without proper vision correction....
I-Fund-Trader
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@Sandipan.mch, Boss I dont understand Wyckoff Method , i have studied it but never practiced it , I have done my Professional carrier as CTA in US currently i am providing consultation on ETF and Bonds , Futures i trade personally , rest You are the King if you are right in the direction of the trend and trade , You will make money when you are correct and You will learn when you are wrong , Thanks for you Patience and explanation i am sure i will learn few things tonight form this , Good Luck
capsule91
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@MoneyRain, and i am a doctor and i am making 27.43% cagr for the past 7 years .... i dont think , qualification matters at all , investing is the game for a mind which can visualize things before it can happen.... anyways, i though u were going to reply in a more technical manner, than showing off your qualification, which i am least interested in...
I-Fund-Trader
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@Sandipan.mch, Again Dr I am simple person who did my job and now i am consultant , that is all i have written , but to answer you back in the system you know which is Wyckoff Method , i do not have deep understanding in it , that is all i am telling
mklives
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you dont need professional software to make money.if you understand patterns and basics you can make money.you use professional software and cant understand the current pattern.haha. guess understanding is important than software.
this website even the free version is actually great. i thank the person who did this page.